Ten Ren Tea Co (TPE:1233) Interest Expense : NT$-7 Mil (TTM As of Jun. 2024)

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What is Ten Ren Tea Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ten Ren Tea Co's interest expense for the three months ended in Jun. 2024 was NT$ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was NT$-7 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Ten Ren Tea Co's Operating Income for the three months ended in Jun. 2024 was NT$ 13 Mil. Ten Ren Tea Co's Interest Expense for the three months ended in Jun. 2024 was NT$ -2 Mil. Ten Ren Tea Co's Interest Coverage for the quarter that ended in Jun. 2024 was 7.71. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ten Ren Tea Co Interest Expense Historical Data

The historical data trend for Ten Ren Tea Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ten Ren Tea Co Interest Expense Chart

Ten Ren Tea Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-6.02

-6.61

-6.05

-6.83

-6.94

Ten Ren Tea Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-1.69	-1.62	-1.75	-1.69	-1.70

Ten Ren Tea Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-7 Mil.

Ten Ren Tea Co (TPE:1233) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ten Ren Tea Co's Interest Expense for the three months ended in Jun. 2024 was NT$-2 Mil. Its Operating Income for the three months ended in Jun. 2024 was NT$13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was NT$218 Mil.

Ten Ren Tea Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	13.069	/	-1.696
	=	7.71

The higher the ratio, the stronger the company's financial strength is.

Ten Ren Tea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ten Ren Tea Co Ltd (TPE:1233) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chung Hsiao East Road, 6 floor, Number 107,Sec 4, Taipei, TWN

Website

https://www.tenren.com.tw

Ten Ren Tea Co Ltd engaged in the manufacture and sale of tea, tea sets and beverages. The company markets spiced tea, herbal tea, tea bags, tea snacks, as well as teapots and cups. Ten Ren Tea sells its products across many countries.

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